Hertz to order up to 175K GM electric vehicles over 5 years

Hertz plans to order up to 175,000 electric vehicles from General Motors over the next five years.

The agreement announced Tuesday includes electric vehicle deliveries through 2027 and will include SUVs, pickups and luxury automobiles from Chevrolet, Buick, GMC, Cadillac and BrightDrop. The expect deliveries of the Chevrolet Bolt EV and Bolt EUV will start in the first quarter of next year.

“We are thrilled to partner with GM on this initiative, which will dramatically expand our EV offering to Hertz customers, including leisure and business travelers, rideshare drivers and corporates,” Hertz CEO Stephen Scherr said in a prepared statement.

Hertz's current goal is for one-quarter of its fleet to be electric by the end of 2024.